Delta Autocorp IPO GMP, Grey Market Premium

Delta Autocorp IPO GMP

Delta Autocorp IPO GMP is Rs 31 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Delta Autocorp IPO GMP might rise in the coming days.

Delta Autocorp IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 8% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes is below 8% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Delta Autocorp IPO GMP is expected to quote the initial ticks at the 10% or above premium.

Delta Autocorp IPO FAQ

1. What are the details of the Delta Autocorp IPO?

Delta Autocorp IPO is a book-built issue of Rs 54.60 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 50.54 crore and offer-for-sale is of Rs 4.06 crore.

2. When will the Delta Autocorp IPO open and close?

Delta Autocorp IPO open date is 7 January 2025 and closing date is 9 January  2025. The initiation of the refund date is 13 January 2025, and the credit of shares will be on 13 January 2025.

3. What are the details of Delta Autocorp IPO Subscription Status Live?

Delta Autocorp IPO subscription status will be available after the IPO opens on 7 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

4. Write the details of the IPO Allotment Status Live?

Delta Autocorp IPO allotment status live will be finalised on 10 January 2025. The listing will be on the NSE SME platform on 14 January, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who is the registrar and lead managers for Delta Autocorp IPO?

Delta Autocorp IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are GYR Capital Advisors Private Limited.

What is an IPO GMP?